back to ornapaper, i think it still looks cheap. its the most efficient and profitable downstream paper converter on bursa malaysia. big surprise from dividends which has doubled to 5sen per year. cannot be worth less than RM2. matter of time.

lukesharewalker, haha yeah desperate. posting in ornapaper section knowing that its a hot sector now lol

with the dilution from private placement, ucrest should never be worth more than 36sen. price should come down.

then again, i've already said previously that we should buy palette based on their earnings and orderbook. having ts wong previously or brahmal now is just a bonus.

few weeks ago, i said its possible that TS Wong intentionally push the price down but quietly re-enter but thru different person...maybe brahmal. now, i can say i'm almost certainly right.

ang, also try to attend some classes teaching valuations based on fundamentals, not technicals. there should be plenty of classes out there and don't be afraid to ask many questions in those classes.

ang, not too sure what you're referring to. but if the second one is lower than first one, i think i know what you're referring to. second one is basically companies with warrants and/or loan stocks. when we calculate EPS, we want to factor in ALL shares - including all warrants and/or loan stocks which has to be converted sometime in the future. if you do not include them, u will overvalue the company.

its weird that ts wong comes out to the newspaper to say that he has sold off his holdings in palette and MUI. passive investors normally do not do this. we don't see fong siling doing this. i suspect he has some hidden agendas. probably trying to re-accumulate at cheap prices through proxies. maybe brahmal.

wow interesting. i valued palette based on their earnings and orderbook. having ts wong as shareholder was only a bonus. looks like ts wong has given many the opportunity to accumulate. price should recover. matter of time.

massive flooding in penang and expected flooding in other parts of the country soon. there will be a lot of furniture replacements. there should be a rally in pohuat soon. matter of time.

interesting because omesti sold off half of their stake in DGSB for only 4.75sen. too cheap. now with only 20% stake left, theoretically if DGSB goes up by 10sen, omesti should only go up 2sen.

omesti owns dgsb. dgsb moved up a lot so omesti will also go up. matter of time.

first profit in 8 years. nice to see

i have the feeling that the MD, Eg Kah Yee is using Keyasic to build customer base, provide support services etc and palette to capture the business and profits.

orange88, based on keyasic's financials, i wouldn't touch them. consistently making losses, looking to raise funds for working capital purposes and NOT for expansion/new developments. dangerous company - more speculation than fundamentals

another big re-rating would be if palette get another customer other than russia.

interesting thing in the CIMB report is that the hardware sales should be for the whole of Russia. i wouldn't be surprised if there are more than RM100+ million orders to come. if can spread out the orders over 3 years, palette will be eligible for main board transfer.

for those worrying about single customer risk, datasonic also has single customer risk - Malaysia Immigration Department. even MYEG mostly from immigration department. so i wouldn't worry about palette

palette will definitely be able to sustain this high earnings based on orderbook in hand of RM20+ million. palette should not be worth less than 66sen. matter of time.

Dolly_Chai2, if you were to refer to EPS, its much weaker year on year. the increase in profits was not enough to offset the big dilution from issuing new shares to TF and Kamarudin Meranun. Ultimately its core EPS that matters when valuing most companies.

omesti owns 62% of microlink, so buying omesti is also the same as buying microlink. omesti should be worth at least 60sen. matter of time.

will do a detailed article on this. but the real value many people have not taken notice of is that the interest cost of CCM will fall from about RM21 million currently to about RM5 million after the whole exercise is completed.

ruslimz, you're wrong.

''you will get 2000 units of CCMDBIO''. this is wrong.

''If you sell all CCM and CCMDBIO shares at current price ,you will get 1550 for CCM and 4140 for CCMDBIO at the total of 4650''. that's also wrong.

glaring error in the second..... 1550 + 4140 = 5690!

buying CCM now at RM1.58 means getting CCM Duopharma shares on the cheap. CCM price should go back to RM1.75 ish level. matter of time.

i think market has over-exaggerated the strength of ringgit going forward into thong guan's price. 1MDB scandal will limit the strength of ringgit.

erie, correct. always read the terms first.

what happened to lion industries(price double from RM0.60 to RM1.20) could happen to hiaptek. matter of time.

total borrowings of hiaptek has actually fallen by RM206.8 million from last quarter and net gearing is now below the 0.5x danger level.

hiaptek-LA should trade at a premium of about 2sen to hiaptek since it gives you 2.5sen interest per year while hiaptek only gives 0.6sen dividend. should not consider hiaptek-wb which is for gambling while hiaptek-la is actually a better option than hiaptek mother share.

B4b4, it went up. the rise has actually been quite sharp past few days.
daniellelim, you're right. but people look ahead, not the past.

been talking about AAC sale for so long until RM100 million has been lost. obviously got some problem but hopefully nothing major.

oil price going to USD50 per barrel and airasia hasn't hedged anything from 2018. lets say AAC sale USD1 billion, the ringgit value has just fallen from around RM4.4 billion to RM4.3 billion. RM100 million just lost.

eklim65, careplus is actually coming down because rubber prices shot up today and yesterday. i don't think careplus margin is the same as kossan, harta...they should not deserve PE of 15 to 20.

hiaptek should not be worth less than 42sen. matter of time.

their jointly controlled entity should be registering about RM50m FOREX gains next quarter. the entity has more than RM1 billion debt denominated in USD and USD/MYR has strengthened to 4.3 now.

rubber prices has been falling for a month and expected to continue falling until september. all rubber counters will be on a roll posting super profits in next 2 quarters. those having big expansions will be having even stronger profits and careplus is one of them.

this quarter got reversal of provision of about RM1.8m. excluding this, i think they lost money. so be careful. also, companies typically get people to push prices up when they want to do private placement so that they can fetch high price and raise more funds.

as you can see, prices of petrochemicals shot up in dec-feb which coincided with the strong results they reported. of course they still have media business....

could be good to take profits. there could be bad weakness in next quarter results.
https://www.platts.com/news-feature/2015/petrochemicals/pgpi/index

as you can see, prices of petrochemicals shot up in dec-feb which coincided with the strong results they reported

could be good to take profits. there could be bad weakness in next quarter results.
https://www.platts.com/news-feature/2015/petrochemicals/pgpi/index

maybe RM2 is too much. but it cannot be worth less than RM1. matter of time.

nylex is 65% owned by Ancom. so actually ancom = nylex but ancom also has valuable advertising business. nylex going up quite a lot. matter of time before ancom rallies.

all gloves counters rallying because of expected surge in profits. matter of time before careplus rallies.

those saying stunning profit of 600m, try to stay out of stock market because you'll be burned. just humble advice.

people see nylex as export company but actually almost all their cost is in USD while a lot of revenue is in local currencies(MYR and others). a stronger ringgit is beneficial for nylex.

nylex and samchem exactly same business. if samchem can be valued at 15x PE, imagine how much nylex is worth. nylex should be worth more than RM2. matter of time.

When annual report of notion was released with fong siling name in it, price was only 77sen. it took 2 months for notion to go up from RM0.77 to RM1.29.

looks like not many people know about Fong Siling being in latest annual report top 30 shareholder list. ocncash could be like notion and hit RM1 soon.

redberry profits will be explosive soon. ancom cannot be worth less than RM 1. matter of time.